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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (13156)9/25/2003 11:38:54 AM
From: im a survivor  Respond to of 13565
 
very high volume too....I wonder what is going on...did the big boys get onboard lower, and are now selling for nice profit?? Does somebody know something, that we, the peon invester, does not yet know??

Market slowly turning green, but atml looks weak and sickly on above average volume.

Anybody??



To: im a survivor who wrote (13156)9/25/2003 1:00:45 PM
From: Dave O.  Read Replies (1) | Respond to of 13565
 
< Down on down days, down on up days. >

I think the recent run up in the indices have caused a lot of people to think and/or expect that the markets will go straight up. For the record, the SOX was at 289 on 12/31/02 and is today at 443. So it's up 53% YTD. Meanwhile, ATML closed out last year at $2.23 and is trading at $4.28 right now, UP 92% for the year. Not too shabby for ATML. Personally I thought it was a great short above $5 due to the run up. My only current position is long at about $3.